“Lord Wolfson, chief executive of British retailer Next, has called for lower rents and shorter leases on the 240 Next stores due for renewal over the next three years.”
The Catalan capital is always worth a visit – especially on April 10 and April 11, 2019. On these two days, the ICSC welcomed its guests at the European Conference & Exhibition. The event’s motto was “Space, Place and the Future of Retail.”
The paradigm shift in the retail and retail real estate industry were the key issues at this year’s ICSC European Conference in Barcelona. The industry’s big players adapt their business models to bind current and future customers even closer to stationary retail. Ingka Centres, formerly IKEA Centres, emphasizes new “meeting place” concepts in the hearts of cities as well as increased manpower.
In Barcelona, the ICSC once again selected the most outstanding new refurbished and established shopping centers in Europe.
This is how Annelie Gullström of AMF Fastigheter describes The Lobby in Stockholm. She explained this new retail format at the game-changers session.
The Sharing Economy is the internet generation’s latest trend. Bustling online portals like Airbnb and Uber show us every day that there is money to be made by “sharing instead of buying”. At the ICSC European Conference in Barcelona, the concept “Library of Things” shows that the sharing economy can also be an interesting approach for stationary retail.
Ken Hughes presented the industry meeting in the Catalan capital and captivated the auditorium with his keynote speech about Generation Z.
The newly developed food and entertainment area “Foodtopia” at MyZeil in Frankfurt opened its doors to customers for the first time on April 11, 2019. The unique concept which has been planned and realized by shopping center expert ECE takes up operations about one year after construction began.
Slovenia’s most modern shopping center, ALEJA, which is being built in the Šiška district of Ljubljana, will open next year.
IMMOFINANZ significantly strengthened its earning power during the 2018 financial year:
Supernova Invest GmbH, a leading private real estate company with a buy-and-hold investment strategy focused on high quality retail properties in Central and Eastern European countries, has announced the opening of the extended and refurbished Supernova Koprivnica shopping park in Croatia in mid-April 2019. Further refurbishments are planned for other Supernova retail assets in Croatia and Slovenia.
Commentary by Nelson Blackley, Retail Research Associate at Nottingham Trent University.
Towarowa 22 is a plot of about 6.5 hectares located in the Wola district in Warsaw (Poland). The owners are EPP and Echo Investment. Hadley Dean, CEO of EPP, explains the project’s retail component.
Residential buildings and hotels emerge on shopping centers. Areas of supermarkets are being used for this as well, as the retail real estate industry discovers the benefits of urban densification.
The redesigning and upgrading of the shopping and experience center in Leipzig/Halle will be carried out at a cost of 40 million euros.